The regulation, taxation and distribution of hedge funds
June 2007 In our 2007 report, we predicted that the hedge fund industry would polarise between those managers who wanted access to institutional money and those niche players servicing the multi-jurisdictional private investor. The pace of this change has been far faster than anticipated. Alongside this is an increasing range of new pressures and tensions building within the industry. The unavoidable consequence is the industry is now under the spotlight.
June 2006 Recent surveys and industry statistics support the trend of an increased demand for absolute return strategies from institutional investors. Similarly, changes made by certain national regulators and fiscal authorities have continued to facilitate greater access to hedge funds and hedge fund-like products; in some territories, restrictions on access by retail investors have been eased.
June 2005 The European hedge fund industry continued its rapid growth last year. This was driven by increased demand from institutional investors together with changes made by some national regulators and fiscal authorities, to facilitate greater access to hedge fund products.In some countries,this has allowed hedge funds and products with hedge fund-like characteristics to be made more available to retail investors.
Update May 2004 This update to our May 2003 paper on the regulation and distribution of hedge funds in Europe provides an overview of the changes to the regulatory environment surrounding European hedge funds that have occurred in the year to May 2004.
